Fintech, real estate, and supply chain management are all being transformed by blockchain. For cryptocurrency exchange and wallet development, mobile app development, and other projects, companies use Savvycom’s blockchain consulting services to supplement their application development teams.
We provide business leaders with Blockchain Solutions Development
Download Savvycom Blockchain Portfolio!
This is a great time to work efficiently and innovate while our team can become your reliable tech partner.
Savvycom Blockchain Development Processes
Savvycom applies the latest approaches that allow us to create and scale excellent products for our partners from the ground up.
.NET – Java – NodeJS – Python – Golang – PHP
Angular – ReactJS – Typescript – VueJS – HTML5
iOS – Android – React Native – Flutter – Swift – Kotlin – Objective-C
WordPress – Magento – Shopify
MongoDB – MySQL – MsSQL – Firebase – Redis
Aws – Gradle – Jenkins – Azure – Digital Ocean – Linode – Google Cloud
Why You Would Choose Savvycom
Frequently Asked Questions
A Decentralized Distributed Ledger (or, to put it another way, a type of decentralized database) is what Blockchain is. Every transaction will be recorded in blocks and linked together with the chain, then distributed to every node in the network using the hash algorithm.
Each piece of data or transaction is digitally signed to ensure its authenticity and immutability, so the node and the existing transactions within the blocks are assumed to have high integrity.
Blockchain for business is valuable for entities transacting with one another. Using distributed ledger technology, allowed users can simultaneously access the same information to improve efficiency, build trust, and reduce friction. Blockchain also enables a solution to quickly scale and adjust. Many solutions can be adapted to perform multiple tasks across industries.
In a variety of industries around the world, blockchain is transforming business. Supply chain, logistics, financial services, retail, government, healthcare, insurance, media and entertainment, real estate, and other industries are all being transformed by blockchain.
1. Cost reduction
The use of blockchain technology eliminates the costs of managing and recording transactions that would otherwise be paid to third parties such as banks, mediators, payment networks, and money transfer services.
It can also save money on operational and IT costs by avoiding replacing legacy systems and administration infrastructure in businesses. Implementing Blockchain technology will necessitate some investment. However, the cost is a fraction of maintaining IT infrastructure. The same is true in other business areas, such as supply chain management and finance.
2. Revenue Creation
The Blockchain eliminates administrative and collaborative barriers, allowing for innovative business strategies that were previously impossible to implement due to the lack of distributed ledgers. Blockchain paves the way for new infrastructure and revenue models with this new freedom.
3. Consumer Impact
New business models open up the possibility of meeting previously unmet consumer and community needs. In the medical field, where remote patient care and record-keeping may have been a problem in the past, Blockchain advancements offer ways to overcome those barriers by utilizing synchronized records and smart care devices on the network.
Savvycom Latest Insights
Have a Project Idea in Mind?
You are more than welcome to contact our Partnership Manager for a free consultation.